Bruce Power encourages people to participate in Ontario’s Long-Term Energy Plan review

Bruce Power is encouraging Ontarians to get involved in creating the province’s next Long-Term Energy Plan (LTEP).

“We applaud the province for establishing a long-term vision for our electricity system and for developing such an open, inclusive process,” said James Scongack, Bruce Power’s Vice President, Corporate Affairs. “It’s vitally important that we maintain a reliable supply of clean, affordable electricity for Ontario families and businesses and we believe Bruce Power will play an integral role in the long term.”

The province, through the Ministry of Energy, has provided a number of ways for people to get involved and join the conversation. If you want to share your ideas online you can do so at www.ontario.ca/energytalks.

In 2015, Bruce Power and the province, through the Independent Electricity System Operator, reached an amended agreement that will see the company embark on a plan to replace the major components on Units 3-8 starting in 2020, which will extend the company’s operational horizon to 2064.

Renewal of Ontario’s nuclear fleet will inject billions of dollars annually into Ontario’s economy through direct and indirect spending on operational equipment, supplies, materials and labour income, while also creating and sustaining about 18,000 direct and indirect jobs across the province each year.

“Clean nuclear power provides 60 per cent of Ontario’s electricity every year, while continuing to be the second-lowest cost source in the province’s supply mix,” Scongack said. “We believe clean nuclear power is essential to keep electricity costs down for families, while helping boost Ontario’s economy through investment and job creation.”

About Bruce Power

Bruce Power operates the world’s largest operating nuclear generating facility and is the source of about 30 per cent of Ontario’s electricity. The company’s site in Tiverton, Ontario, is home to eight CANDU reactors. Formed in 2001, Bruce Power is an all-Canadian partnership among Borealis Infrastructure Trust Management (a division of the Ontario Municipal Employees Retirement System), TransCanada, the Power Workers’ Union and The Society of Energy Professionals. A majority of Bruce Power’s employees are also owners in the business.